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Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
 Global Hard Coal Production Increases By 1.7%.
According to provisional calculations by the German Coal Importer Association (VDKi), hard coal world trade in 2018 rose by 3.7% to 1,202 million tonnes while global hard coal production increased by 1.7% to 7.1 billion tonnes. India’s production alone rose by 54 million tonnes (8.2%) to 714 million tonnes. Seaborne exports in Australia, Indonesia, Russia and the USA (i.e. in all important export countries) increased.
The German Coal Importer Association further noted in its latest press release, the German hard coal imports moved contrary to the global trend and fell massively by 7 million tonnes (about 13%). While imports of coking coal fell by 5%, the imports of steam coal collapsed by 17%. The causes for the collapse are the growing electric power generation from renewable energy sources and the heightened competition with natural gas after the strong rise in the CO2 price.
The association says, the German steam coal imports collapse by 17% in 2018 – use of hard coal for electric power generation has been cut in half since 1990. The existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
The large producing countries China and India are simultaneously large consumers of import coal and important pillars of hard coal world trade. The growth in hard coal world trade is also a result of the growing demand in South-east Asia.
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality in Germany said VDKi. Nevertheless, the existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
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Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures ...
Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
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- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Planning Commission, India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
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